Eid sales up by 15-30pc this year
KARACHI, Nov 8: Like last year, buyers have flocked the markets in a larger number this year too, thus pushing up sales of various categories of garments and other items, both local and imported, as compared to the previous year.
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POL, Attock Group may bid for NRL
KARACHI, Nov 8: It is still five weeks to December 13 - the deadline, which the Privatiztion Commission has set for receiving Expression of Interests (EOIs) for purchase of 51 per cent controlling shares in National Refinery Limited (NRL).
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46 chambers credentials being investigated
KARACHI, Nov 8: The Securities and Exchange Commission of Pakistan (SECP) and the federal industries and production ministry are investigating the credentials and corporate compliance status of 46 chambers of commerce
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US firm to invest $1.2bn in wind power
ISLAMABAD, Nov 8: A US-based energy firm plans to invest $1.2 billion in Pakistan's wind power generation sector in Sindh province, the Ministry of Finance said in a statement.
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Current account surplus falls to $100 million
KARACHI, Nov 8: Pakistan's current account surplus fell to $100 million in the first quarter of this fiscal year, from $1.117 billion in a year-ago period.
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Rupee gains eight paisa against $
KARACHI, Nov 8: The rupee gained eight paisa against the US dollar in the inter-bank market on Monday as banks preferred not to buy dollars fearing it may fall further.
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Procedures for desk audit notified
ISLAMABAD, Nov 8: The Central Board of Revenue (CBR) has notified procedures for the auditors to carry out desk audits following the suspension of the sales tax internal audit.
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Pakistan, India need to promote permanent trade
KARACHI, Nov 8: Punjab-Haryana-Delhi (PHD) Chamber of Commerce and Industry (PCCI) and Karachi Chamber of Commerce and Industry (KCCI) on Monday underlined the need for joint ventures to promote "permanent" trade and investment between Pakistan and India.
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'Grow more wheat drive' launched
ISLAMABAD, Nov 8: Federal Minister for Food, Agriculture and Livestock Sikandar Hayat Bosan here on Monday launched nationwide "Grow more wheat campaign" at National Agriculture Research Council (NARC).
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Death of Latif Ebrahim condoled
KARACH, Nov 8: Khalid Firoz, President, who is currently abroad, Mian Abrar Ahmad, Acting President, Abdul Majid Haji Muhammad, Vice President and members of the Managing Committee of the Karachi Chamber of Commerce
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Prices recovering on cotton market
KARACHI, Nov 8: Cotton market on Monday re-opened on a higher note amid reports of drying up of arrivals of phutti into the ginneries as growers held on to their unsold positions apparently to give the needed boost to the falling prices.
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Recovery drive continues on stock market
KARACHI, Nov 8: Stocks on Monday opened higher as investors covered positions on selected counters at the current levels aided largely by technical factors including perceptions of capital gains.
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